It is still a great market if you can line up some of those negatives better especially the purchase price and regulations. 

Purchase price: $140,000 Single family new construction home, 3 bed/2 bath, located in Enterprise, Alabama.

Providing fixed costs, factory monitored conditions/precision and rapid timelines (as short as 2 months for a full 4 unit apartment to be delivered and rentable to our site), we are strong believers that modular is the future of real estate. 

I am purchasing a Duplex 5bd/2bth each side, and planned to house hack one side and rent out the rooms. 1.

I would check into a few things to see what your best approach is.1) Find a great investor-friendly real estate agent (specifically one that knows STRs) to help navigate an area you may be looking in.

I don't have any experience with that company specifically, but assuming it is a 'build to rent' type program, I have yet to hear of anyone who has a completely satisfactory experience purchasing through these.Regarding the area that property is in specifically, it's going to be a very rural area, currently with low rental demand and a bit higher crime rates compared to the surrounding area.

Looking at MKE real estate FB groups for investors, housing, and traveling professionals could help gauge demand as well

Do you have any other real estate you can borrow against?

Good luck with your appointment with the loan officer on Wednesday; it sounds like you're making all the right moves to keep building your real estate portfolio.I’m involved in real estate, focusing on new construction duplexes in Indianapolis, and I love connecting with others who are passionate about real estate.